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one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as chief executive of the country, then you're a pretty weak leader. the reality is -- you have to put this in context. the problem isn't the crisis we're going through right now. the problem is the totally unprecedent unprecedented, out of control spending we're doing. the president of the united states has come to congress asking them to increase the debt ceiling more than any president has ever asked, ever. i mean this is way beyond any president has ever asked. he wonders, why do they want to reduce spending? because he's asking for a bigger increase in debt than any presiden
one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as...
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and that's big news. you can be sure, jessica, that what the house speaker does not want to be doing right now is having to rewrite his bill. they were aiming to be voting on this bill tomorrow, so right now we're told that they're kind of scra scrambling to work it out and rewrite it, and he wants to meet the pledges that the cuts in the bill will be larger than the debt ceiling increased. and the cost estimates that came out by the cbo, it falls short, and that's a problem because it goes counter to the pledge i just said and it's also a problem because they're in the middle of working very hard to try to sell this plan. house conservatives are unhappy and house democrats are trying to get a united front to vote against this plan, and that does not leave the speaker a large margin of error to pass this legislation. jessica? >> all right, thanks so much, kate bolduan reporting for us from capitol hill. i'm grateful. >>> let's turn now to republican congressmen scott garrett from new jersey who is a membe
and that's big news. you can be sure, jessica, that what the house speaker does not want to be doing right now is having to rewrite his bill. they were aiming to be voting on this bill tomorrow, so right now we're told that they're kind of scra scrambling to work it out and rewrite it, and he wants to meet the pledges that the cuts in the bill will be larger than the debt ceiling increased. and the cost estimates that came out by the cbo, it falls short, and that's a problem because it goes...
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Jul 17, 2011
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how big a problem is it? >> well, let's take the acorn scandal a voter registration fraud and if they had tried to go to the polls they would have had to show i.d. and couldn't have done that. >> acorn activists trying to generate voter turnout and we found out over time that a lot of the vote they'res they tried to generate were made up names. >> that's right. but let me give you more specific example. last year, there was a state representative election in kansas city, missouri won by one vote. later we found out there were 50 smomali citizen thaz voted in had an election. and that would have changed if they had have voter i.d. why is this opposition, james, arising route now, politicalically. >> two reasons because republicans in the state legislation are in a position to pass this kind of legislation, many of these states. >> paul: okay. >> second, raising the specter of jim crow is a way of appealing to the racial fears of black voters and getting them to turn out for democrats. >> the supreme court has
how big a problem is it? >> well, let's take the acorn scandal a voter registration fraud and if they had tried to go to the polls they would have had to show i.d. and couldn't have done that. >> acorn activists trying to generate voter turnout and we found out over time that a lot of the vote they'res they tried to generate were made up names. >> that's right. but let me give you more specific example. last year, there was a state representative election in kansas city,...
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Jul 29, 2011
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and the big question is, what is going to be the ideology? what are going to be the values if they start leading the part of the world? are we still going to have the deep commitment with democracy, with freedom, with equal opportunities to everybody? so where are we going to be leading the dream of the founding fathers of this nation? >> it's a very worrying time. it's a dangerous time as you say for the world's economy. when you see the politicians on both sides, democrat and republican, squabbling now, trading insults and all the rest of it with such a serious situation so close, what do you think of that? >> dangerous game that is being played here. and you know, in mexico i think and in part of latin america that the presidential system as we know it is over. i think -- are going to be the future. there you don't have this kind of situation. everybody's forced to work towards cohesiveness, towards agreements. i think it's much better. in our presidential library, one of the ideas we're promoting strongly is to let people know, public opi
and the big question is, what is going to be the ideology? what are going to be the values if they start leading the part of the world? are we still going to have the deep commitment with democracy, with freedom, with equal opportunities to everybody? so where are we going to be leading the dream of the founding fathers of this nation? >> it's a very worrying time. it's a dangerous time as you say for the world's economy. when you see the politicians on both sides, democrat and...
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olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay. >> so you gave smurf f somebody says your grade here, you said just okay. >> perfectly average so i give it a c. i think there are stronger movies, especially last week "captain america" coming out, i think this will blow that out of the water. it's fun, but -- >> c for cowboys? >> c for cowboys and c for -- i don't know what. kind of a ho hum week. >> oh, darn. okay, well, i'm glad you were honest with us. as you always are. >> as i am. better luck next week and "crazy stupid love" is in the theaters which is definitely an a-plus movie. steve correll,
olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay....
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i think it's also important to take note that one of the big issues that the white house has had with the house republican plan and what's really been seen as an area that needed to be negotiated and really could be the thing that could lead to a break-through on a deal is this idea of if you're going to have a two-part increase in the debt ceiling that would take the debt ceiling through the next election, november 2012, it was really how you tied that second increase in the debt ceiling after several months. the whouts senate democrats didn't like the way house republicans were doing it. they felt like it would have led to some sort of chaotic situation like we've seen with all of this back and forth over increasing the debt ceiling. they would have seen that again somewhere around the new year and didn't want to do that. they're looking at really that sort of seam, if you will, in the contempt of of this framework to maybe work it out in a way that is more amenable to the white house and to democrats. >> brianna keilar at the white house live for us tonight. cnn is dedicated to pro
i think it's also important to take note that one of the big issues that the white house has had with the house republican plan and what's really been seen as an area that needed to be negotiated and really could be the thing that could lead to a break-through on a deal is this idea of if you're going to have a two-part increase in the debt ceiling that would take the debt ceiling through the next election, november 2012, it was really how you tied that second increase in the debt ceiling after...
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Jul 11, 2011
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we will see just how big this ends up being. clearly, it is a significant development in light of what we have seen just sunday, just yesterday, when the news of the world decided to shut down because of its own alleged bad behavior. i want to go back to following what president obama is going to be saying very shortly out of the white house briefing room. obviously, bringing us up to speed about these negotiations that are taking place, democrats, republicans and the president over raising the debt limit, the debt ceiling and what this means in terms of budget cuts, what it means in terms of tax hikes and where they are in this deal. i want to bring back our financial analyst, ali velshi. ali, there is something that is very curious here. we have heard from the treasury secretary, geithner. we have also heard from them too. debt ceiling talks, really important. both of them linking it here. they don't really necessarily have to do with one another. do we think we are going to hear from the president? is he going to make a conne
we will see just how big this ends up being. clearly, it is a significant development in light of what we have seen just sunday, just yesterday, when the news of the world decided to shut down because of its own alleged bad behavior. i want to go back to following what president obama is going to be saying very shortly out of the white house briefing room. obviously, bringing us up to speed about these negotiations that are taking place, democrats, republicans and the president over raising the...
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the big question we have is where are revenues in all this? we can talk about that in a minute. let's take a quick break. we'll be right back. >> the clerk will call the roll. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ >>> we're taking a look at the picture of the senate floor. the senator from maryland is speaking right now. we just heard from the senate majority leader, harry reid, who told us that he believes they are close to an agreement, which is something that senate mitch mcconnell told us earlier today. i'd like to play for you now, while we're waiting to hear from senator mitch mcconnell on the senate floor, something gene sperling, the director of the national economic council, told me. he said that tax cuts are not on the table for about a year and a half. let's take a listen. thanks for being with us this morning. >> thanks for having me. >> i know you're working around the clock
the big question we have is where are revenues in all this? we can talk about that in a minute. let's take a quick break. we'll be right back. >> the clerk will call the roll. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ >>> we're taking a look at the picture of the senate floor. the senator...
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you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try to come to an agreement to avert us being where we are. but a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table. tell us where you are! >> well, over in the senate, what they are putting on the table is mr. boehner's bill. they'll kill it over there. that's under way right now. we'll let you when the voting is done
you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in...
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but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is the balanced budget amendment a drop-dead requirement? >> i don't have a drop-dead requirement? i have a whole host of things that my constituents have sent me here to do. cutting spending is one thing and balancing the budge set another thing. what we can do right now is make sure we're cutting spending today. don't give me a deal that cuts spending ten years down the road. show me what you're going to do this year and next year, before americans go back to the polls. >> simple but sort of strange question. are you happy tonight? >> i'm not happy tonight. we started this process back in febru
but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is...
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investing unleashed. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. >>> the stand-off over how to raise the debt ceiling continues at this hour. but one group of republicans, those influenced by the tea party, do not necessarily see this as a bad thing. mark skoda is the founder and chairman of the memphis tea party. mark, according to a cnn o.r.c. poll, 63% of people do not believe the gop has acted responsibly in talks on the debt ceiling. most americans want a compromise that involves cuts and increases and a small minority -- or i guess a big minority of republicans think we need a compromise solution and yet they are being held back by the tea party and by their promises to grover norquist and the americans for tax reform that say they can't increase taxes. we've lost $700 billion in the stock market in the last six trading days. we've started to see int
investing unleashed. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. >>> the stand-off over how to raise the debt ceiling continues at this hour. but one group of republicans, those influenced by the tea party, do not necessarily see this as a bad thing. mark skoda is the...
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there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes or so, the house is expected to block a senate plan to raise the debt ceiling. democrats and republicans continue to spar on capitol hill. >> this is not a crisis which we couldn't control. this isn't an earthquake or a tornado or a hurricane. it isn't a war. it is a created political crisis. the extension of the debt ceiling has been done routinely 89 times since 1939, 55 times by republican presidents, 34 times by democratic presidents, and president ronald reagan holds the record having extended the debt ceiling 18 times in eight years without a confrontation, without the am
there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes...
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now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this morning. what is your reaction to what you are hearing from mitch mcconnell and senator schumer? >> great news. sounds like we will avoid a crisis. $3 trillion in deficit reduction over the next ten years is more than what i would have expected. if they follow-through on that it's great news. it gets us close to the fiscal responsibility, and that's what we need to get to to restore stau stainability in the fiscal responsibility. if they pull it off i think we will be in good shape. >> how do you think the markets will react? >> very positively. i think the markets expect they will get som
now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this...
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gwen: i want to take us into a big think at the end. we've been all covering washington for a -- number of years, and each time this happens we know we're going to come up with a deal at the end. but this time it feels shakier somehow. is it possible anymore to get broad bipartisan agreement on important things as long as each side as dug in their heels? >> absolutely not. this week we see no aleagues shattered. not -- now that the republicans have a measure of responsibility they will help us govern. they were wrong. second, i think obama has elected that we were moving into a post-partisan era. when all the old battles of the right or left, the clintons thinking of doing was over. they're still republicans. they're not like democrats. there are still quite a few of them. one thing about the republican party you can say this week, it's not post partisan. >> the lame duck session, which wasn't so long ago achieved a lot but with a bunch of members of congress who had been shoate vo -- voted out of awes. gwen: which is the only way they
gwen: i want to take us into a big think at the end. we've been all covering washington for a -- number of years, and each time this happens we know we're going to come up with a deal at the end. but this time it feels shakier somehow. is it possible anymore to get broad bipartisan agreement on important things as long as each side as dug in their heels? >> absolutely not. this week we see no aleagues shattered. not -- now that the republicans have a measure of responsibility they will...
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not a big one but little one. slight downgrade even if a deal is reached and finally the serious one, which it looks like we're headed towards avoiding is a major downgrade if the u.s. defaults on payments. everybody seems to be saying we heard mitch mcconnell saying we're not headed towards a default. everybody thinks they have a science as to what's going to cause a default and what isn't. the ratings agencies, fred, have not been fantastic at doing their work. we know this from 2008, from the layman brothers debacle. we may not have dodged a downgrade entirely but may have dodged the worst of it. the us has never been anything but aaa since the first rating by moody's in 1917. most pay to be rated by the way. the u.s. does not pay to be rated. we pay $250 billion at the federal level in interest payments every year. that of course is what would go up if we lost the rating, fred. >> this past week, aali, the dow dropped 500 points or so, so if no deal by today and once the asian markets do open up, if it's about
not a big one but little one. slight downgrade even if a deal is reached and finally the serious one, which it looks like we're headed towards avoiding is a major downgrade if the u.s. defaults on payments. everybody seems to be saying we heard mitch mcconnell saying we're not headed towards a default. everybody thinks they have a science as to what's going to cause a default and what isn't. the ratings agencies, fred, have not been fantastic at doing their work. we know this from 2008, from...
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. ♪ i like your messy hair ♪ i like the clothes you wear ♪ i like the way you sing ♪ and when you dance with me ♪ you always make me smile [ male announcer ] we believe you're at your best when you can relax and be yourself. and at thousands of newly refreshed holiday inn hotels, you always can. holiday inn. stay you. and now stay rewarded with vacation pay. stay two weekend nights and get a $75 prepaid card. so, you're looking for help with vacation pay. with your mortgage, worried about foreclosure. we can help you keep your house. all we ask for in return is that you submit to our plans for galactic domination. [laughing] [laughing hesitantly] [laughing evilly] sign. announcer: if you're facing foreclosure, talk to the right people. speak with hud-approved housing counselors free of charge at... >>> why are they so stupid and refuse to realize that they cannot keep spending money when the bank is broke and they have no more mone
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. ♪ i like your messy hair ♪ i like the clothes you wear ♪ i like the way you sing ♪ and when you dance with me ♪ you always make me smile [ male announcer ] we believe you're at your best when you can relax and be yourself. and at thousands of newly refreshed holiday inn hotels, you always can. holiday inn. stay you. and now stay rewarded with vacation pay. stay...
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push for the big cuts republicans say they want. if they turn their back on those big cuts, the president is in the strongest position to say they are not living up to their rhetoric. let alone their principles. >> and there is no chance of them accepting any kind of big deal at all because the president is insisting that there be tax revenue increases in there. so the president knows that he is pushing something that they absolutely cannot agree to. so at this point, what the president does seem to be doing is what you just said, is making his position appear to be the one who wants to do the big move on deficit reduction and forcing these republicans to back away from big deficit reduction, thereby, he hopes, neutralizing deficit reduction as an issue against him in the presidential campaign. >> well, look. he's talked about deficit reduction all the way through. but remember, it's not just his position here. it's two thirds of the american public. we have a slew of polls here saying that two thirds of the american people want to
push for the big cuts republicans say they want. if they turn their back on those big cuts, the president is in the strongest position to say they are not living up to their rhetoric. let alone their principles. >> and there is no chance of them accepting any kind of big deal at all because the president is insisting that there be tax revenue increases in there. so the president knows that he is pushing something that they absolutely cannot agree to. so at this point, what the president...
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. >> just how big is the mystery since the highest rating downgraded would be unprecedented. it could cost the u.s. government $100 billion in extra borrowing costs over the term. consumers would also pay. >> we will get back to that in a moment. we wanted to bring you breaking developments. the verdict in the spying trial of two americans that have been held for two years now, you will remember the story. three hikers were arrested two years ago, and iran said they were illegally crossed into iran, and charged them with spying. and one was released and two remained in prison, and they had their day in court in tehran. and now we are told there has been a verdict, but do we know what it is yet? >> reporter: we do not know what the verdict is, but the court had the last session and within one week they will issue the verdict, and according to the attorney for the two that i just talked to, if the verdict is guilty but the sentence is about two years, which is the same time they have served behind bars right now, he was hopeful that would be the case and they would be released.
. >> just how big is the mystery since the highest rating downgraded would be unprecedented. it could cost the u.s. government $100 billion in extra borrowing costs over the term. consumers would also pay. >> we will get back to that in a moment. we wanted to bring you breaking developments. the verdict in the spying trial of two americans that have been held for two years now, you will remember the story. three hikers were arrested two years ago, and iran said they were illegally...
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 30, 2011
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that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from their position that they support the house speaker john boehner's bill. what we're seeing a lot of is a lot of back and forth here. it is a very fluid situation as you know, wolf. one thing we're keeping our eye on is potential for a very late night, 1:00 a.m. vote, the first test, a test vote for senator reid's proposal to raise the federal debt ceiling as he's pushing that proposal forward at the same time. >> they need 60 votes for reid's proposal to get through the senate because the republicans at least some of them a
that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from...
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Jul 30, 2011
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it has a big impact on everyone. and that's what they should take into consideration, who will be impacted by this and how will they impact future generations. >> reporter: students getting pell grants could be among the first to feel any impact. pell programs have been on the chopping block since republicans took over the house. a recent round of cuts slashed pell grants for summer school, fred. >> so what are, you know, the student aid agencies actually saying about this, those who are actually giving out grant scholarships, et cetera. >> administrators simply don't know that is going to happen. and we talked to the department of education and they're telling us they're trying to work out the details about what might happen. so at this time, big question mark about what is next. >> whole lot of waiting and seeing. all right, thanks so much. susan candiotti in new york. >>> with democrats, republicans and tea party supporters still debating, the debt ceiling, many business owners around the country fear a new downtu
it has a big impact on everyone. and that's what they should take into consideration, who will be impacted by this and how will they impact future generations. >> reporter: students getting pell grants could be among the first to feel any impact. pell programs have been on the chopping block since republicans took over the house. a recent round of cuts slashed pell grants for summer school, fred. >> so what are, you know, the student aid agencies actually saying about this, those...
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Jul 27, 2011
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the big flaw in that plan he was on radio explaining it today. this select committee. who are the people? when are the cuts coming where are the cuts going to be? that was the flaw. all that aside. he's got another plan. the president has no plan. >> i was stunned they allowed the president to go to the east room by himself and give a partisan speech with no plan in place and calling on members of the public to call the members of congress. i heard today that calls were up but they weren't what the president wanted. it is saying don't cave. surprisingly the poll you just read 38% of the people who still think he's handling this well? that you don't have a plan that you can explain it. and ed henry now with fox news as a white house correspondent pressed today, pressed jay carney on why don't you have a plan? i can imagine how you explain why you don't. >> sean: we'll get into this in the next segment. it angers me now. that republicans are competing only with their own deal. the president gets to throw darts and say no, no, no. where is his leadership stuart? >> it is
the big flaw in that plan he was on radio explaining it today. this select committee. who are the people? when are the cuts coming where are the cuts going to be? that was the flaw. all that aside. he's got another plan. the president has no plan. >> i was stunned they allowed the president to go to the east room by himself and give a partisan speech with no plan in place and calling on members of the public to call the members of congress. i heard today that calls were up but they...
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Jul 29, 2011
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 14, 2011
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you go out with what one big question? >> well, what do you think about what's going on in washington? what do you think of the president? what do you think of the republicans? but also,want to meet a lot of small business people on this trip. i want to hear about what kind of problems you're having inning to business these days. what does the economy look like from the bottom up
you go out with what one big question? >> well, what do you think about what's going on in washington? what do you think of the president? what do you think of the republicans? but also,want to meet a lot of small business people on this trip. i want to hear about what kind of problems you're having inning to business these days. what does the economy look like from the bottom up
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Jul 31, 2011
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if you could get back up to 15 million cars, it would make a big difference. does this incredible month or two of wrangling in washington and the sense we can't get our house in order and we're so divided, do you think this hurts in a measurable way? >> well, you're right. nature abhors a vacuum and markets abhor uncertainty. uncertainty undermines consumer confidence. consumer spending in our country accounts for about 65% to 70% of the gdp. so when consumers lose confidence, they hesitate, not as bullish, not spending money. it does have an impact on the economy. but there are all sorts of uncertainties. you name one. the oil spikes earlier in this year. we got off to a pretty good start in 2011. then oil spiked above $100 a barrel. that particularly concerned our industry. then there was the tragic earthquake and tsunami in japan. that threw a lot of uncertainty into our industry. so there are all sorts of uncertainty. that's what we get paid to do, is to manage through that. it keeps me awake at night. >> the world you're describing is one where a lot of t
if you could get back up to 15 million cars, it would make a big difference. does this incredible month or two of wrangling in washington and the sense we can't get our house in order and we're so divided, do you think this hurts in a measurable way? >> well, you're right. nature abhors a vacuum and markets abhor uncertainty. uncertainty undermines consumer confidence. consumer spending in our country accounts for about 65% to 70% of the gdp. so when consumers lose confidence, they...
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and here's what's coming up tonight on the big picture time keeps on ticking until our nation is no longer able to pay its bills when the republican stop there charade the defense of their billionaire patrons and let our country get back to work and as the rupert murdoch scandal heats up in the u.k. back here at home officials are investigating it as news outlets practice the same type of illegal act the news information could fox so-called news be for sale as a headline and bright future of. getting to know this today's round of negotiations between are going lawmakers in the white house did not bring us any closer to finding a solution for our nation's republican hostage taking crisis yesterday senate minority leader mitch mcconnell proposed an opt out plan for republicans suggesting that congress give president obama the authority to unilaterally raise the nation's debt limit until the end of his current term but his plan was criticized by many house republicans who are digging in instant increasing the debt limit and dismissing the potential economic consequences from a default today m
and here's what's coming up tonight on the big picture time keeps on ticking until our nation is no longer able to pay its bills when the republican stop there charade the defense of their billionaire patrons and let our country get back to work and as the rupert murdoch scandal heats up in the u.k. back here at home officials are investigating it as news outlets practice the same type of illegal act the news information could fox so-called news be for sale as a headline and bright future of....
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Jul 30, 2011
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conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention to what's on the table now. >> exactly and i think the democratic base won't be happy no matter how this turns out but i think it's entirely possible that over the next 48 or 72 hours that the republican base will become really frustrated and angry because what -- there was one long-time, congressman tom cole, been around washington for a long time, he said this week, there's a lot of learning going on in our caucus and they're learning they don't own the senate and they can't push pure snow what their proposal is and it was his estimation
conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention...
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Jul 29, 2011
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a big scam. i am not answering that. you are trying to scam us all the time. we are a very legitimate organization, and we have been around for eight years, and can you have a look at the forms from the irs and i can send you copies of the tax returns if you want. >> he never did. the money is coming from your tax dollars and churches and universities. the dhs in south dakota said he was paid $5,000 plus expenses to speak at this event, and he was given security. but shoobat told us -- >> i paid today myself. >> the bigger question is maybe why he is in south dakota teaching cops about islamic terrorists, a state that has so few muslims. a local newspaper here in rapid city says only a couple dozen live here year round. jim carpenter is south dakota's homeland security director. what was the point of bringing him here? >> i think he brings a point of you that is certainly not mainstream, a south dakota base point of you. he brings in commentary about living and being raised as a muslim and converting over to christianity. >> wow, all the background he shares w
a big scam. i am not answering that. you are trying to scam us all the time. we are a very legitimate organization, and we have been around for eight years, and can you have a look at the forms from the irs and i can send you copies of the tax returns if you want. >> he never did. the money is coming from your tax dollars and churches and universities. the dhs in south dakota said he was paid $5,000 plus expenses to speak at this event, and he was given security. but shoobat told us --...
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Jul 17, 2011
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they were going to go for the big deal. it was boehner, unfortunately, who could not get past his own caucus, could not get past his own majority leader, who was playing to the base. they have people in the house of representatives who do not believe anything will happen if the debt ceiling is increased. that is the yahoo mentality, and they are dealing with it. by my colleague is trying to make a point about how you have a completed, compliant, growth accepting every leak out of the white house here we have been told that the president is prepared to make cuts in entitlements. name me one. >> jobs. a completed, compliant, supine press. i love that. >> i've got other additives, but we are short on time. >> the other day, abc news position cameras all around the country, and they call them soapboxes cameras. they invited people to say what they had to say about the debt ceiling. we put one of the month at the beginning of the program. people are very upset, even if they do not quite understand what the debt ceiling is. do we
they were going to go for the big deal. it was boehner, unfortunately, who could not get past his own caucus, could not get past his own majority leader, who was playing to the base. they have people in the house of representatives who do not believe anything will happen if the debt ceiling is increased. that is the yahoo mentality, and they are dealing with it. by my colleague is trying to make a point about how you have a completed, compliant, growth accepting every leak out of the white...
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Jul 27, 2011
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he feels like we've gotten too big. you know, i decided, i got to get out there and find out for myself what the problem is. honestly, i don't think there is a problem. i think we just have to work harder and be more persistent. >> reporter: the face time also gives steve the opportunity to see how his products are being received, and to find out whether he's missing a trick. >> another thing i'm thinking about is doing a brooklyn only beer, like a beer that we would only -- a draught beer that we'd only sell in brooklyn, something special. >> that would be great. >> salespeople are always going to have excuses why they're not selling certain accounts. the only way you can counter that is to get out there and try it yourself. then they can't bs you about what's happening in the market. >> reporter: steve has been pounding the pavement for years. he says he'll continue doing so as long as he's the boss. >> i don't think i could sell something that i wasn't really in love with. and, you know, it's important to be able to
he feels like we've gotten too big. you know, i decided, i got to get out there and find out for myself what the problem is. honestly, i don't think there is a problem. i think we just have to work harder and be more persistent. >> reporter: the face time also gives steve the opportunity to see how his products are being received, and to find out whether he's missing a trick. >> another thing i'm thinking about is doing a brooklyn only beer, like a beer that we would only -- a...
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as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's the exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan mann reporting. >>> all right. we've got a story we want you to stick around for coming up next. could you believe that a soldier actually served ten tours in a war zone. i want to tell
as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's...
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Jul 26, 2011
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now utilizing the established senate procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> president obama called for a feeling congress that would raise the national debt ceiling. the president supports the plan by senate majority leader harry reid which includes $2.70 trillion in savings, no tax increases, and no cuts to social security or medicare. the president spoke from the east room of >> the government had a surplus but the money was spent on the two wars and expensive prescription drug program. as a result, the deficit was on track to top $1 trillion, the year i took office. to make matters worse, the recession meant that there was less money coming in and it required us to spend even more. on text cuts for middle-class families to spur the economy and unemployment insurance, and aid to
now utilizing the established senate procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> president obama called for a feeling congress that would raise the national debt ceiling. the president...
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Jul 3, 2011
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i see the threat of a big problem. but i do not see the parties moving beyond their entrenched positions. in fact, i would characterize this week as a week of entrenchment and deepening the difference. if you want to use a military metaphor, digging trenches deeper. the president's press conference was about establishing the democratic point of view and pushing it out. there was a bit of jawboning with republicans that did not go over well. you cannot create an atmosphere for creating a deal by suggesting your opposition party leaders in congress are less disciplined than 10 and 13-year- old. things are in a much tougher position and i do not see the end game. >> i would agree on the point that you throw like a girl is not the way to get people to come to your side. nor is it a 21st century thing to say. i think these guys are stumbling and bumbling. it reminds me of "thelma and louise." these guys are screaming at each other and don't even know the cliff is there and to the extent they do, they have forgotten about it
i see the threat of a big problem. but i do not see the parties moving beyond their entrenched positions. in fact, i would characterize this week as a week of entrenchment and deepening the difference. if you want to use a military metaphor, digging trenches deeper. the president's press conference was about establishing the democratic point of view and pushing it out. there was a bit of jawboning with republicans that did not go over well. you cannot create an atmosphere for creating a deal by...
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Jul 22, 2011
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you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough. we should do more. the bare minimum, the floor of what the american people expect us to do. so i would like to see us do more. when i meet with the leadership tomorrow i'm going to say let's do more. if they tell me that is the best they can do, then i will sign an extension that goes to 2013 and make the case to the american people we have to continue going out there and solving this problem. it's the right thing to do. it's time to do it. we can't keep putting it off. >> you suggested that speaker boehner didn't return phone calls this afternoon. can you elaborate on that? >
you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough....
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who will want higher taxes for the wealthy to be a big part of this. that's not at all clear that we're going to have any of those tax steps in this final deal. i think there will be some unhappiness on his left. on the other hand, democrats are likely to follow the president. we find that even the most liberal democrats still support the president and want him to be re-elected. he's not getting challenged in primaries. he's still in a pretty relatively strong position there. >> it's a big difference. the progressive elite may think one thing. you look at trank and file they're with him. susan page, bureau chief for "usa today." >> thanks, chuck. >>> coming up, what happens politically if republicans and democrats don't reach a deal and the u.s. does go into default? the deal's not done, done. will voters blame the president, the republicans for not making the deal, all of washington? you're watching "hardball" only you're watching "hardball" only on msnbc.rapid wrinkle repair. its retinol formula smoothes wrinkles in just one week. why wait if you don
who will want higher taxes for the wealthy to be a big part of this. that's not at all clear that we're going to have any of those tax steps in this final deal. i think there will be some unhappiness on his left. on the other hand, democrats are likely to follow the president. we find that even the most liberal democrats still support the president and want him to be re-elected. he's not getting challenged in primaries. he's still in a pretty relatively strong position there. >> it's a...
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but a big, sophisticated attack is how this official is putting it. and they also said it could be international, or it could be domestic norwegian. again, very early to make that assumption or that conclusion. >> right. early hours, a lot of information still to come out. i appreciate it. . let's continue this breaking news coverage with my colleague wolf blitzer. >>> a bombing shatters norway to its core. and a shooting at a youth camp. president obama asking for a dialling back of the demonizing. ten days before the deadline, one republican plan gets a firm smackdown in the u.s. senate. and some surprising new movement in the republican presidential race. we're going to tell you who's suddenly making a strong impression on potential voters. i'm wolf blitzer in "the situation room." the breaking news this hour, a city known for peace making is reeling in terror. norwegian leaders holding a crisis meeting tonight after a deadly bomb attack in oslo and the shooting at a labor party youth camp outside the norwegian capital. at least seven people were k
but a big, sophisticated attack is how this official is putting it. and they also said it could be international, or it could be domestic norwegian. again, very early to make that assumption or that conclusion. >> right. early hours, a lot of information still to come out. i appreciate it. . let's continue this breaking news coverage with my colleague wolf blitzer. >>> a bombing shatters norway to its core. and a shooting at a youth camp. president obama asking for a dialling...
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Jul 15, 2011
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it is hard to do a big package. my republican friends have said that they're not willing to do revenues. and they have repeated that on several occasions. my hope, though, is that they're listening not just to lobbyists or special interests here in washington but they're also listening to the american people because it turns out poll after poll, many done by your organizations, show that it's not just democrats who think we need to take a balanced approach, it's republicans as well. the clear majority of republican voters think that any deficit reduction package should have a balanced approach and should include some revenues. that's not just democrats. that's the majority of republicans. you've got a whole slew of republican officials from previous administrations. you've got a bipartisan commission that has said that we need revenues. so this is not just a democratic understanding. this is an understanding that i think the american people hold, that we should not be asking sacrifices from middle-class folks who ar
it is hard to do a big package. my republican friends have said that they're not willing to do revenues. and they have repeated that on several occasions. my hope, though, is that they're listening not just to lobbyists or special interests here in washington but they're also listening to the american people because it turns out poll after poll, many done by your organizations, show that it's not just democrats who think we need to take a balanced approach, it's republicans as well. the clear...
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Jul 15, 2011
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we're going to big deal days are back and better than ever! right now, go to priceline for a sneak peek at recent winning hotel bids to find where you can save up to 60% on hotels. we'll even email you other people's winning bids, so you'll know what price to name. with new hotel bid alerts, from priceline.
we're going to big deal days are back and better than ever! right now, go to priceline for a sneak peek at recent winning hotel bids to find where you can save up to 60% on hotels. we'll even email you other people's winning bids, so you'll know what price to name. with new hotel bid alerts, from priceline.